Barack Obama Says America Will Have To Endure Years Of Trillion Dollar Deficits

Filed in archive Business on January 7, 2009

In a statement designed to make Americans feel better about his plans to turn the country's economy around President-Elect Barack Obama admitted that there will be an enormous price tag for the economic recovery.

Trillion plus dollar deficits should be expected for a number of years to come; but the bright side to it is that the plan, if it works, will result in a much stronger American economy.

Here's the Washington Post article on Obama's recovery plan.